A Phenomenal investment opportunity awaits!!! STEPS away from Mt Holyoke College, The Berkshire Music Academy, and The Village Commons. The stately 3 family home, featuring 2 one bedroom first floor apartments and a 3 bedroom 2nd floor apartment is situated on lush, secluded grounds neighboring the Historic District of South Hadley Center. Now is your opportunity to own a piece of history. This property boasts many modern amenities while maintaining much old-world charm and craftsmanship. Expect to be WOWED by spacious light-filled rooms, renovated kitchens and bathrooms, exquisite hardwood flooring, and custom-built cabinetry. Enjoy the luxury of the oversized 1 car detached garage with ample private parking with the potential of generating additional income or enjoy quiet pastimes such as gardening or woodworking. Close proximity to 5 college community of Northampton, Amherst, and Springfield. Schedule your appointment today to view this outstanding opportunity!!
This home has been viewed 91 times
Last Checked: October 7th, 2024 at 4:34pm (Source: MLS PIN #73232569)
Gross Income: $65,400
Gross Expenses: $18,651
Net Income Calc: $46,749
CAP Rate: 6.19%
Annual Expenses for 104 College St, South Hadley MA 01075
Total Gross Expenses (Calculated)$18,651/year
APOD AvailableYes
Heating$4,875
Electricity$564
Water$1,440
Gas$1,440
Insurance
Sewer$1,440
Trash Removal$375
Repair & Maintenance$2,060
Management
Miscellaneous$2,000
Real Estate Tax$7,337
Annual Income & Unit Breakdown for 104 College St, South Hadley MA 01075
Total Gross Income (Calculated)$65,400
Unit 1
Rental Income$1,500
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$1,350
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesNo
Unit 3
Rental Income$2,600
Lease
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent IncludesNo
General Information for 104 College St, South Hadley MA 01075
Listing ID73232569
Property TypeMulti Family / 3 Family
Price$754,999 ($245.85/SqFt)
Style3 Family
CitySouth Hadley
CountyHampshire
MLS Area
Neighborhood(s)
Approximate Living Area Total3,071 SqFt
Approximate Lot Size (Acres)0.67 acres
Total Parking11 (1 Garage)
Garage Parking1 / Detached
Year Built1800
Year Built SourceOwner
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionBlock,Brick/Mortar
Accessible Features
Outdoor Space
ZoningRA1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 104 College St, South Hadley MA 01075
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$16,189
Total Gross Income By Broker$65,400
Total Net Income By Broker$65,400
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.75%%
Facilitator Compensation1.75%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 104 College St, South Hadley MA 01075
Real Estate Taxes$7,337
Tax Year2024
Assessed Value$385,400
Financial Data SourceNo
Total Gross Expenses By Broker$16,189
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$65,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$65,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.19%
Location Information for 104 College St, South Hadley MA 01075
Elementary SchoolMosier / Plains
Middle SchoolMichael E Smith
High SchoolSouth Hadley Hs
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Shopping, Golf, Public Transportation
Contact Information for 104 College St, South Hadley MA 01075